CP Indonesia plans price cuts on two loans

animal feed
By Pan Yue
20 Jun 2018

Poultry feed producer Charoen Pokphand Indonesia is talking to the lenders on two of its offshore borrowings sealed in 2014 and 2015, to cut pricing, several bankers said this week.

The company raised a $397.76m-equivalent loan in 2014, Dealogic data shows. That deal was split into four tranches — a dollar term loan and a rupiah term loan, as well as a dollar revolver and a rupiah revolver — all with maturities of five years. They were ...

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